319 Blue River DrKnightstownIN46148
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Knightstown at 319 Blue River Dr, Knightstown, IN, 46148 with 5% annual appreciation on a $314,900 basis while $2,215/mo rent supports operations. Total monthly income totals $2,215/mo and a $1,541/mo payment preserves $121/mo for cash returns. Annual cash flow comes to $1,452/yr on $104,389 deployed, and return on cash invested reaches 21.3% in year one. Equity gained on principal adds $2,032/yr, and five-year appreciation sums $87,001 alongside rental yield of 8.44%. Five-year ROI measures 110.91% and total cumulative return in cash totals $115,774.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,215/mo property income versus a $1,541/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2022
7,405 sqft lot
$N/A/sqft
$204 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46148, Knightstown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,206 (100%) |
| Owner Occupied HU | 1,559 (70.7%) |
| Renter Occupied HU | 458 (20.8%) |
| Vacant Housing Units | 189 ( 8.6%) |
| Median Home Value | $233,295 |
| Average Home Value | $261,750 |
Housing Distribution
Address Breakdown
Residential
2,056
Single Family
1,995
Multi-Family
61
Businesses
185
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Neal • ERA Integrity Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202107871
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.